TRUIST FINANCIAL CORPORATION

TFC-PO ·Financial, Banks - Diversified, United States
Financial Statements Income Statement
Annual Quarterly

Income Statement

Line Item FY2017 FY2016 FY2015 FY2014 FY2013 FY2012 FY2011 FY2010
Revenue $11.32B $10.79B $9.61B $9.23B $9.65B $9.68B $8.62B $9.28B
Cost of Revenue
Gross Profit
Gross Margin
Operating Expenses
Research & Development
SG&A Expense
Operating Income $4.17B $4.25B $3.65B $3.90B $4.17B $3.85B $3.01B $2.76B
Operating Margin 36.8% 39.3% 38.0% 42.2% 43.2% 39.8% 34.9% 29.8%
Interest Expense $839.0M $745.0M $735.0M $768.0M $891.0M $1.06B $1.38B $1.80B
Pretax Income $3.33B $3.50B $2.92B $3.13B $3.28B $2.79B $1.63B $969.0M
Income Tax Expense $911.0M $1.06B $794.0M $921.0M $1.55B $764.0M $296.0M $115.0M
Net Income $2.42B $2.44B $2.12B $2.21B $1.73B $2.03B $1.33B $854.0M
Net Margin 21.3% 22.6% 22.1% 23.9% 17.9% 21.0% 15.5% 9.2%
EPS (Basic) $2.78 $2.81 $2.59 $2.76 $2.22 $2.74 $1.85 $1.18
EPS (Diluted) $2.74 $2.77 $2.56 $2.72 $2.19 $2.70 $1.83 $1.16
Shares Outstanding (Basic) 799.2M 804.7M 748.0M 718.1M 703.0M 698.7M 696.5M 692.5M
Shares Outstanding (Diluted) 811.0M 814.9M 757.8M 728.4M 714.4M 708.9M 705.2M 701.0M
Dividends Per Share $1.26 $1.15 $1.05 $0.95 $0.92 $0.80 $0.65 $0.60
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